eSports startup raises $20 million by pitching AI to win over ARK Invest
Lucra Sports raised $20 million Series B led by ARK Invest after founder Dylan Robbins front‑loaded AI in his pitch, despite the company’s non‑AI gaming platform.
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Lucra Sports raised $20 million Series B led by ARK Invest after founder Dylan Robbins front‑loaded AI in his pitch, despite the company’s non‑AI gaming platform.
Convective Capital closes an $85 million fund to back startups that manage physical-world disaster risk, expanding from wildfire-only firetech into timber, AI home design, drone inspection and commodity insurance.
Exa Labs and Parallel Web Systems raise $250 M and $100 M respectively, joining a wave of AI‑search startups as Amazon, LinkedIn and Reddit also roll out AI‑driven discovery tools.
Paris and San Francisco-based Dust has raised $40m to transition enterprise AI from individual assistants to collaborative, multiplayer workspaces used by over 3,000 organizations.
Cerebras raised $5.55 bn at a $95 bn valuation, becoming the biggest US tech IPO since Snowflake and signalling a wave of trillion‑dollar AI listings from SpaceX, OpenAI and Anthropic.
Nectar Social secured $30 million Series A led by Menlo Ventures, launching its AI‑driven marketing OS with customers like Liquid Death, Figma and e.l.f. Beauty.
Thrive Capital, the VC firm behind OpenAI, has invested $100 million in Shopify, seeing AI-driven commerce as an undervalued opportunity despite the e-commerce stock's 40% drop.
Benchmark invested roughly $270 million in Cerebras across early and later rounds; at first-day IPO prices the stake was worth over $5 billion. The story of how Eric Vishria almost skipped the meeting that started it…
Series, a Yale‑founded iMessage‑based social network, closed a $5.1 million pre‑seed round and reports 82 % Day‑30 retention across 750+ campuses.
Bob Iger rejoins Thrive Capital as an advisor one month after stepping down as Disney CEO, returning to the VC firm where he held a venture partner role in 2022.
FluidStack is negotiating a $1 billion raise at an $18 billion valuation, driven by its $50 billion Anthropic data centre partnership and explosive growth in AI compute demand.
Pillar, an AI-driven platform for commodity risk management, secures $20M in seed funding led by a16z to expand access to hedging tools for SMEs.
Collide Capital raises $95M fund to back fintech, future-of-work startups